The worth of Sarah's investment when she is 68 is $14,728.51.
<h3>What is the worth of the investment?</h3>
The formula that can be used to determine the worth of the investment is:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years = 68 - 18 = 50
$500 x (1.07)^50 = $14,728.51
To learn more about future value, please check: brainly.com/question/18760477
How are you supposed to solve this???
Answer:
-5r + 8r +5
= (-5+8)r+5 (we can calculate number in same variabe)
= 3r +5
hope it helps ^°^
I = PRT
P (principal) = 6000
R (rate) = 3.7%.....u need decimal form = 0.037
T (time) = 5
I = (6000)(0.037)(5)
I = 1110.00 <===
u dont need years as a decimal...u need rate as a decimal
Answer:
Step-by-step explanation:
Given
Required
The cost of units used
First, calculate the number of units used.
Next, multiply the units used by the cost per units,
Since the cost per unit is not given, we assume that it is x.
So, the total cost is:
